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Company Registration No. 12398178 (England and Wales)
Owl + Lark Limited Unaudited accounts for the year ended 31 December 2025
Owl + Lark Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Owl + Lark Limited Company Information for the year ended 31 December 2025
Director
Hafiz Shariff
Company Number
12398178 (England and Wales)
Registered Office
Winterman House 11 Old's Approach Tolpits Lane Watford WD18 9QY United Kingdom
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Owl + Lark Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
9,373 
9,688 
Current assets
Inventories
26,778 
39,457 
Debtors
6
99,055 
43,035 
Cash at bank and in hand
- 
(1,445)
125,833 
81,047 
Creditors: amounts falling due within one year
7
(227,728)
(27,601)
Net current (liabilities)/assets
(101,895)
53,446 
Total assets less current liabilities
(92,522)
63,134 
Creditors: amounts falling due after more than one year
8
(210,318)
(312,132)
Net liabilities
(302,840)
(248,998)
Capital and reserves
Called up share capital
89 
88 
Share premium
159,999 
- 
Profit and loss account
(462,928)
(249,086)
Shareholders' funds
(302,840)
(248,998)
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2026 and were signed on its behalf by
Hafiz Shariff Director Company Registration No. 12398178
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Owl + Lark Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Owl + Lark Limited is a private company, limited by shares, registered in England and Wales, registration number 12398178. The registered office is Winterman House 11 Old's Approach, Tolpits Lane, Watford, WD18 9QY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Patent Disposal and Contingent Consideration
During 2025, Owl + Lark Ltd disposed of its patent to Aryal Inc under a contingent consideration arrangement. As the consideration is contingent on future performance, the Company has recognised the fair value of the consideration receivable as at 31 December 2025, based on the valuation, amounting to £50,000. The fair value of the contingent consideration has been recognised in the financial statements for the year ended 31 December 2025, with the resulting gain on disposal recognised in the profit and loss account.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2025
108,342 
Additions
6,948 
Disposals
(6,948)
At 31 December 2025
108,342 
Amortisation
At 1 January 2025
108,342 
At 31 December 2025
108,342 
Net book value
At 31 December 2025
- 
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Owl + Lark Limited Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
1,124 
7,627 
4,745 
13,496 
Additions
- 
400 
- 
400 
At 31 December 2025
1,124 
8,027 
4,745 
13,896 
Depreciation
At 1 January 2025
60 
133 
3,615 
3,808 
Charge for the year
22 
241 
452 
715 
At 31 December 2025
82 
374 
4,067 
4,523 
Net book value
At 31 December 2025
1,042 
7,653 
678 
9,373 
At 31 December 2024
1,064 
7,494 
1,130 
9,688 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,614 
25,202 
Amounts due from group undertakings etc.
- 
17,769 
Accrued income and prepayments
- 
64 
Other debtors
84,441 
- 
99,055 
43,035 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
26,295 
- 
VAT
23,941 
15,477 
Trade creditors
11,031 
2,693 
Taxes and social security
4,898 
6,802 
Other creditors
160,143 
2,629 
Accruals
1,420 
- 
227,728 
27,601 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Trade creditors
- 
119,565 
Other creditors
65,931 
65,931 
Loans from directors
144,387 
126,636 
210,318 
312,132 
9
Average number of employees
During the year the average number of employees was 4 (2024: 6).
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